Positive start of a challenging year
WEG S.A., one of the world¿s largest manufacturer of electric-eletronic equipment, with five main product lines: Motors, Power, Transmission and Distribution, Automation and Coatings, announced today its results for the first quarter of 2015 (1Q15).
- Net operating revenues in the first quarter of 2015 reached R$ 2,130.3 million, for 19.4% growth over the 1Q14 and decrease of 2.3% over the 4Q14;
- EBITDA reached R$ 348.4 million and EBITDA margin reached 16.4%. In relation to the same quarter last year EBITDA grew by 16.3%, while compared to the previous quarter there was fall of 9.0%;
- Net Income totaled R$ 245.9 million, with net margin of 11.5% and growth of 20.0% over the 1Q14 and decrease of 6.6% over the 4Q14;
- Investments in fixed assets totaled R$ 120.1 million in the first three months of 2015.